Freedom to Go Inc

Analysis

Freedom to Go Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Freedom to Go Inc reported income of $73k and spending of $67k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $73k (+87%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freedom to Go Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Art 2 Heart ($73k), California Metabolic Research Foundation ($73k) and Generations Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $79k against liabilities of $84k, net assets of -$4,860.